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Man detained in Germany on suspicion of financing terror

  BERLIN / AP Authorities say a man has been detained in western Germany on suspicion of financing terrorism. Police and prosecutors in Saarland state, on the French border, wouldn’t give details before a news conference planned later Monday. They said that the 38-year-old man from Saarbruecken was detained on Saturday, news agency dpa reported.

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Carrefour to open largest distribution hub in Dubai

  Dubai / Emirates Business Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, on Monday announced that it will open a new distribution centre at the National Industries Park (NIP) in Dubai. The centre, once operational, will be the largest and most advanced distribution hub of its kind for Carrefour ...

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Sears CEO to keep retailer afloat

  Bloomberg Sears Holdings Corp. Chief Executive Officer Eddie Lampert is opening his wallet once again to help keep the struggling retailer in business, a move that could help placate vendors after an uncertain holiday season. Lampert, a hedge fund manager and Sears’s biggest investor, will offer a $200 million letter of credit to the department-store chain through affiliates of ...

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